Recent Blog Posts
-
Signpost Makes Deal With Newspaper Biggies
May 23 20122:14 pm EDT -
The Ghosts of AOL Past
May 22 20124:30 pm EDT -
Copy Me Big
May 22 20122:10 pm EDT -
Aaron Sorkin Takes on Steve Jobs Project
May 16 20123:45 pm EDT -
Fairchild Puts Its Money on Fashion Bloggers
May 15 20121:26 pm EDT -
Ziff Davis Adds Tech Review Site to Shopping Cart
May 14 201211:37 am EDT -
Mozilla and Knight Back Crowdsourced Video Translator
May 10 20122:37 pm EDT -
TechCrunch Staying Put
May 09 20122:31 pm EDT -
Are You Wiki-Worthy?
May 04 20125:02 pm EDT -
Arianna Huffington Back Where She Started
May 04 201210:02 am EDT
Links
-
- Jim Romenesko, Poynter Institute
- Michael Calderone, Politico
- Jeff Bercovici, AOL Daily Finance
- The New York Observer Media Vertical
- Press Box, Slate's Jack Shafer
- Memo Pad, Women's Wear Daily
- Don't Quote Me, The Boston Phoenix's Adam Reilly
- Media Decoder, The New York Times
- Media Memo, All Things Digital's Peter Kafka
- The Media Guy, Ad Age's Simon Dumenco
- L.A. Observed
- Fine on Media, BusinessWeek
- Deadline Hollywood Daily
- Tuned In, Time Magazine
- TV Tattle
- TV by the Numbers
- Gawker
- The Huffington Post Media Vertical
- Editor and Publisher
- PaidContent
Disney to Acquire Marvel
The Walt Disney Company has made a $4 billion offer to buy Marvel Entertainment Inc., creators of Spider-Man, The X-Men, The Incredible Hulk, and countless other comic-book properties. According to Los Angeles Business, the offer is for cash and stock. Marvel shareholders will get $30 cash for each share they own and roughly 0.745 shares in Disney.
It's understandable what Disney would see in Marvel: The big-screen adaptation of Iron Man, which Marvel co-produced with Paramount, grossed over $300 million domestically according to Box Office Mojo and the three installments of Spider-Man, which Marvel co-produced with Sony, did even better in the US: 2002's Spider-Man grossed $400 million; 2004's Spider-Man 2, $373 million; and 2007's Spider-Man 3, $336 million. (Worldwide the three movies did more than $2.4 billion: Not too bad for your friendly neighborhood Spider-Man.)
The sequels for Iron Man and Spider-Man are due on May 7, 2010 and May 6, 2011, respectively.
A conference call for Disney's stockholders is scheduled for 10:15 EST today. There are still a number of issues to work out, namely an antitrust review.
Matt Haber is the media blogger for Portfolio.com.
Comments
If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.
